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FHFA Extends Foreclosure and REO Eviction Moratoriums and COVID Forbearance Period

On February 9, The Federal Housing Finance Agency (FHFA) announced that Fannie Mae and Freddie Mac (the “Enterprises”) are extending moratoriums on single-family foreclosures for Enterprise-backed, single-family mortgages....more

FHFA Further Extends COVID-Related Loan Flexibilities (Updated)

On February 10, Fannie Mae and Freddie Mac will extend several loan origination flexibilities until March 31, 2021, including (1) alternative appraisals on purchase and rate term refinance loans; (2) alternative methods for...more

Temporary Policy Allowing Purchase of Qualified Loans in Forbearance is Extended

On October 21, the Federal Housing Finance Agency (FHFA) extended a policy allowing certain single-family mortgages in forbearance to be delivered to Fannie Mae and Freddie Mac for borrowers who sought payment forbearance due...more

Adverse Market Refinance Fee Implementation Now December 1

Fannie Mae and Freddie Mac have postponed the implementation date of their Adverse Market Refinance Fee from September 1 to December 1, per direction from the Federal Housing Finance Agency (FHFA). Certain Fannie Mae and...more

FHFA Provides Tenant Protections

On June 29, the Federal Housing Finance Agency (FHFA) provided additional protections for owners and renters of multifamily properties by allowing servicers to extend existing forbearance agreements for up to three months,...more

7/15/2020  /  Fannie Mae , FHFA , Freddie Mac

FHFA Extends Loan Processing Flexibilities for Fannie Mae and Freddie Mac Customers

On May 5, the Federal Housing Finance Agency (“FHFA”) extended loan origination flexibilities offered by Fannie Mae and Freddie Mac until at least June 30th. ...more

5/20/2020  /  Fannie Mae , FHFA , Freddie Mac
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